NOT LISTED FOR SALE

424 Magnolia Ave Long Beach, CA 90802

West Village Neighborhood

Estimated Value: $1,001,000 - $1,241,000

2 Beds
1 Bath
860 Sq Ft
$1,340/Sq Ft Est. Value

Highlights

  • 0.05 Acre Lot
  • No HOA
  • Wall Furnace
  • End Unit
  • Laundry Room

About This Home

As of December 2023

This is a downstairs 2 bedroom, 1 bathroom unit located at 4th and Magnolia in downtown Long Beach. This remodeled unit has hardwood floors and crown molding throughout. The brand new kitchen includes new counter tops and new cabinets. The unit also has a separate laundry room inside the unit with washer and dryer hookups. Located close to The Pike, Long Beach Aquarium and Shoreline Village.

Last Agent to Rent the Property

Brian Franklin

AGNS Realty Inc. License #01889950 Listed on: 09/21/2023

Last Renter's Agent

guido fuentes

GUIDO FUENTES, BROKER License #01339246

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,396

Year Built

  • Built in 1923

Lot Details

  • 2,280 Sq Ft Lot
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • On-Street Parking

Home Design

  • Apartment

Interior Spaces

  • 860 Sq Ft Home
  • 2-Story Property
  • Gas Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Wall Furnace

Community Details

  • No Home Owners Association
  • 4 Units
  • Downtown Subdivision

Listing and Financial Details

  • Security Deposit $2,500
  • Rent includes sewer, water
  • 12-Month Minimum Lease Term
  • Available 10/1/23
  • Tax Lot 18
  • Tax Tract Number 11934
  • Assessor Parcel Number 7280012013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,396

Year Built

Built in 1923

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-10-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2500
  • Furnished: Unfurnished
  • Total Move In Costs: 5300.00
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Other Phone Description: OFFICE
  • Other Phone Number: 626-532-4553
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • View: No
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 7280012013
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 860.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall, End Unit, No One Below
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.33
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2280.00
  • Lot Size Acres: 0.0523

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 2280.0000 Square Feet
  • Management Co: AGNS Realty Inc.
  • Management Co Phone: 626-532-4553
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Rent Includes: Sewer, Water

Tax Info

  • Tax Lot: 18
  • Tax Tract Number: 11934

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2020
Sold by
Holmes Quentin M
Bought by
Holmes Ama and Darkwa Ama
Current Estimated Value
$1,152,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 12, 2012
Sold by
Dauk Philip L
Bought by
Darkwa Ama

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,030
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 2002
Sold by
Scott Marcie and Farner Ben
Bought by
Dauk Philip L

Purchase Details

Closed on
Feb 28, 2001
Sold by
Pershing Billy Wilson
Bought by
Dauk Philip L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
7.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 21, 2001
Sold by
Wu George C
Bought by
Wu Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
7.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 15, 1999
Sold by
Wu Laiko C M
Bought by
Estate Of Benjamin Hwa Wu
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Holmes Ama -- Orange Coast Title Company
Darkwa Ama $440,000 Fidelity National Title Co
Dauk Philip L $10,000 Commonwealth Land Title Co
Dauk Philip L -- Commonwealth Land Title Co
Dauk Philip L $20,000 Commonwealth Land Title Co
Dauk Philip L -- Commonwealth Land Title Co
Dauk Philip L $20,000 Commonwealth Land Title Co
Dauk Philip L -- Commonwealth Land Title Co
Wu Mark $6,000 --
Wu Mark -- Commonwealth Land Title Co
Estate Of Benjamin Hwa Wu -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holmes Ama $302,533
Closed Holmes Ama $175,000
Previous Owner Darkwa Ama $432,030
Previous Owner Darkwa Ama $432,030
Previous Owner Dauk Philip L $405,000
Previous Owner Dauk Philip L $23,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2023 12/27/23 Rented $2,000 0.0% --
12/26/2023 12/26/23 Off Market $2,000 -- --
12/05/2023 12/05/23 Price Changed $2,000 -9.1% $2 / Sq Ft
10/13/2023 10/13/23 Price Changed $2,200 -4.3% $3 / Sq Ft
09/21/2023 09/21/23 For Rent $2,300 +15.0% --
08/12/2022 08/12/22 Rented $2,000 0.0% --
08/12/2022 08/12/22 Off Market $2,000 -- --
08/05/2022 08/05/22 Price Changed $2,000 -9.1% $3 / Sq Ft
07/22/2022 07/22/22 Price Changed $2,200 -6.4% $3 / Sq Ft
06/24/2022 06/24/22 For Rent $2,350 +62.1% --
11/20/2019 11/20/19 Rented $1,450 0.0% --
11/19/2019 11/19/19 Off Market $1,450 -- --
10/02/2019 10/02/19 For Rent $1,450 +11.5% --
05/31/2018 05/31/18 Rented $1,300 0.0% --
05/25/2018 05/25/18 Off Market $1,300 -- --
05/08/2018 05/08/18 For Rent $1,300 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,396 $541,816 $200,716 $341,100
2024 $7,396 $531,193 $196,781 $334,412
2023 $7,266 $520,778 $192,923 $327,855
2022 $6,832 $510,568 $189,141 $321,427
2021 $6,675 $500,558 $185,433 $315,125
2020 $6,657 $495,426 $183,532 $311,894
2019 $6,579 $485,713 $179,934 $305,779
2018 $6,399 $476,190 $176,406 $299,784
2016 $5,877 $457,701 $169,557 $288,144
2015 $5,649 $450,827 $167,011 $283,816
2014 $5,625 $441,997 $163,740 $278,257
Source: Public Records

Agents Affiliated with this Home

  • B

    Landlord's Agent in 2023

    Brian Franklin

    AGNS Realty Inc.

    (818) 429-1092

    3 Total Sales

    Brian Franklin
    Section Image

  • g

    Tenant's Agent in 2023

    guido fuentes

    GUIDO FUENTES, BROKER

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23176751

California Regional Multiple Listing Service (CRMLS)

APN: 7280-012-013

California Los Angeles County Long Beach 90802 West Village

424 Magnolia Ave, Long Beach, CA

This home is located at 424 Magnolia Ave, Long Beach, CA 90802 since 21 September 2023 and is currently priced at $1,152,418. This property was built in 1923. 424 Magnolia Ave is a home located in Los Angeles County with nearby schools including Cesar Chavez Elementary School, Washington Middle School, and Juan Rodriguez Cabrillo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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